Save 23% ($351) & Get a Free 1-1 Call with our Team ⏰ : 0d 2h 59m 43s
Linux Foundation launches blockchain-based insurance platform
Blockchain technology has gained traction in various aspects of the global economy, from finance to supply chain, to education, to healthcare and more. Thanks to its features, more companies are leveraging it to provide excellent services. The Linux Foundation launches an insurance platform built on a blockchain.
Linux Foundation introduces blockchain-based insurance platform
Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, has partnered with the American Association of Insurance Services to launch a blockchain-based platform for the insurance industry.According to the Linux Foundation’s press release, they launched the Open Insurance Data Link (OpenIDL) platform yesterday. The platform is expected to help reduce insurance reporting costs and put in place a standardized insurance data repository using blockchain technology.
“OpenIDL brings together some of the world’s largest insurance companies, including The Hanover and Selective Insurance Group, along with technology and service providers Chainyard, KatRisk and MOBI to advance a common distributed ledger platform for sharing information and business processes across the insurance ecosystem,” the release added.
The OpenIDL network will get be particularly useful for regulatory reporting in the property and casualty insurance industry. The platform leverages blockchain technology features such as immutability and transparency to ensure trust among participants. It will also seek to convince regulators and other insurance industry participants that data reporting is accurate and complete.
The platform was initially built with guidance from the American Association of Insurance Services (AAIS), a leading insurance advisory organization and statistical reporting agent. AAIS CEO Ed Kelly stated that “From the very beginning, we recognized the enormous transformative potential for OpenIDL and distributed ledger technology. We are happy to work with the Linux Foundation to help affect meaningful, positive change for the insurance ecosystem.”
Blockchain technology revolutionizes data sharing
The OpenIDL platform is working as part of the Linux Foundation’s open governance network model. The platform’s network is built on the nodes that form the infrastructure of blockchain. Blockchain technology provides an industry utility platform that makes it easy to record transactions and automate business processes. The new platform ensures that these nodes are run by several organizations connected by a shared distributed ledger.Continue reading by joining Cryptonary Pro
$1,548 $1,197/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund. Terms
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
TermsRecommended from Cryptonary
